States are typically ranked by their per capita personal income. An alternative measure is median household income, which focuses on the household that occupies the income level at which half the state’s households are higher and half are lower. Most states rank similarly on the two measures, but there are a few outliers.
May 2013, Volume 31, Issue 9
Gee Whiz: Median Versus Per Capita Income
An April Surprise?
The word on the street is that April tax returns brought unanticipated revenues to many states’ coffers. The federal results were stellar, and many income tax-levying states link to the federal tax code. So far, state tax-collection data are too incomplete to paint a clear picture, and a number of states have raised or lowered taxes legislatively, which complicates the picture. Of particular note is Kansas, which is tweaking the significant changes to its tax code that were enacted last year.
